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- Market Cap.:
- $15.56 billion
- Book Value:
- Revenue TTM:
- $2.99 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $1.72 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Waters Corporation had its IPO on 1995-11-16 under the ticker symbol WAT.
The company operates in the Healthcare sector and Diagnostics & Research industry. Waters Corporation has a staff strength of 8,200 employees.
Shares of Waters Corporation opened at $262.51 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $258.53 - $262.6, and closed at $260.36.
This is a -1.12% slip from the previous day's closing price.
A total volume of 326,766 shares were traded at the close of the day’s session.
In the last one week, shares of Waters Corporation have slipped by -7.35%.
Waters Corporation's Key Ratios
Waters Corporation has a market cap of $15.56 billion, indicating a price to book ratio of 53.0439 and a price to sales ratio of 6.8962.
In the last 12-months Waters Corporation’s revenue was $2.99 billion with a gross profit of $1.72 billion and an EBITDA of $997.95 million. The EBITDA ratio measures Waters Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Waters Corporation’s operating margin was 28.89% while its return on assets stood at 14.24% with a return of equity of 115.96%.
In Q2, Waters Corporation’s quarterly earnings growth was a negative -6.2% while revenue growth was a positive 3.7%.
Waters Corporation’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $11.04 per share while it has a forward price to earnings multiple of 27.248 and a PEG multiple of 2.9821. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Waters Corporation’s profitability.
Waters Corporation stock is trading at a EV to sales ratio of 7.3292 and a EV to EBITDA ratio of 21.7658. Its price to sales ratio in the trailing 12-months stood at 6.8962.
Waters Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $4.55 billion
- Total Liabilities
- $809.39 million
- Operating Cash Flow
- Capital Expenditure
- $46.61 million
- Dividend Payout Ratio
Waters Corporation ended 2023 with $4.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.55 billion while shareholder equity stood at $771.23 million.
Waters Corporation ended 2023 with $0 in deferred long-term liabilities, $809.39 million in other current liabilities, 1626000.00 in common stock, $8.80 billion in retained earnings and $1.31 billion in goodwill. Its cash balance stood at $329.69 million and cash and short-term investments were $330.58 million. The company’s total short-term debt was $75,908,000 while long-term debt stood at $2.58 billion.
Waters Corporation’s total current assets stands at $1.68 billion while long-term investments were $0 and short-term investments were $885000.00. Its net receivables were $693.44 million compared to accounts payable of $81.92 million and inventory worth $536.83 million.
In 2023, Waters Corporation's operating cash flow was $-1366920000.00 while its capital expenditure stood at $46.61 million.
Comparatively, Waters Corporation paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Waters Corporation stock is currently trading at $260.36 per share. It touched a 52-week high of $353.71 and a 52-week low of $353.71. Analysts tracking the stock have a 12-month average target price of $300.85.
Its 50-day moving average was $277.46 and 200-day moving average was $300.28 The short ratio stood at 4.81 indicating a short percent outstanding of 0%.
Around 32.6% of the company’s stock are held by insiders while 9440.3% are held by institutions.
Frequently Asked Questions About Waters Corporation
Similar Industry Stocks (Diagnostics & Research)
Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers’ instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by life science, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.